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Klarna and Visa Launch Pilot of New Debit Card With Increased Flexibility at Money 2020 Europe

Klarna, the AI-powered payments and commerce network, unveiled the pilot launch of Klarna Card: a new debit product combined with access to built-in flexible payment options, powered by Visa Flexible Credential and issued by WebBank. Unlike traditional credit cards that can see consumers incur additional debt and interest charges, the Klarna Card will allow consumers to pay immediately or pay later when needed - online or in-store - at more than 150 million Visa-accepting merchants worldwide.

Tuesday, June 3, 2025 - 12:48
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Financial IT
XYB Partners With Bud Financial to Bring AI-Driven Intelligence to Financial Institutions

XYB, the Adaptive Financial Infrastructure (AFI) platform redefining how financial institutions build, launch, and scale modern banking experiences, today announced a strategic partnership with Bud Financial, the leading provider of AI-powered data intelligence solutions for financial services.

Tuesday, June 3, 2025 - 12:43
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/news/banking/xyb-partners-bud-financial-bring-ai-driven-intelligence-financial-institutions
Financial IT
Card-Carrying Britain: Survey Finds Two Thirds of Shoppers Sticking With Physical Payment Cards

British shoppers refuse to be parted from physical payments cards, despite the huge popularity of digital services like Apple Pay and Google Pay, new figures from ad-enabled payments company Zilch reveal today.

The findings from a Zilch poll come as Zilch launches its first physical card, offering benefits for customers however they choose to pay.

Tuesday, June 3, 2025 - 10:58
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Financial IT
Currency.com Strengthens U.S. Footprint With New Tennessee Money Transmitter License

Currency.com, a global digital finance provider, announced the acquisition of its 31st U.S. Money Transmitter License (MTL), with regulatory approval granted in the state of Tennessee. The achievement brings the company significantly closer to its strategic goal of acquiring full licensure across all 50 U.S. states.

Tuesday, June 3, 2025 - 10:54
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/news/cryptocurrencies/currencycom-strengthens-us-footprint-new-tennessee-money-transmitter-license
Financial IT
Genesis Brings Roadshow Tracking to Bond Deal Solution

Genesis Global, the AI-native application development platform purpose-built for financial markets organizations, added bond deal Roadshow tracking tools to its Primary Bond Issuance (PBI) solution.

Tuesday, June 3, 2025 - 10:50
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/news/artificial-intelligence/genesis-brings-roadshow-tracking-bond-deal-solution
Financial IT
HSBC UK Private Banking Partners With Addepar to Provide Brand-New Client Reporting Experience

HSBC UK Private Banking is the first major UK bank to adopt Addepar’s leading software platform designed specifically for wealth managers. This follows adoption in the US Private Bank, with rollout in the Channel Islands and Luxembourg to come later this year. 

Tuesday, June 3, 2025 - 10:44
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/news/wealth-management/hsbc-uk-private-banking-partners-addepar-provide-brand-new-client-reporting
Financial IT
Liberis Launches Ada, an AI Underwriting Agent, to Transform Embedded Finance Decision-Making

Liberis, a leading global embedded finance platform, today announced the launch of its proprietary AI underwriting agent, Ada. Designed to supercharge underwriting teams by eliminating repetitive manual tasks and accelerating funding decisions for businesses, Ada represents a major advancement in automated credit decisioning. 

Tuesday, June 3, 2025 - 10:35
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/news/artificial-intelligence/liberis-launches-ada-ai-underwriting-agent-transform-embedded-finance
Financial IT
Mastercard’s Checkout Transformation Gains Ground Across Europe

One year after announcing its vision to phase out manual card entry and drive 100% tokenisation, Mastercard is celebrating major strides across Europe, where a growing number of partners are adopting the technologies that underpin safer, smarter digital commerce. 

Tuesday, June 3, 2025 - 10:31
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Financial IT
Transactility Launches jPOS 3 With ISO 20022 Support to Modernise Global Card Payments Infrastructure

Transactility Inc., the company behind the widely used open-source card payments framework jPOS, has announced the release of jPOS 3. This major upgrade introduces ISO 20022 compatibility, improved performance, and enhanced observability features, positioning jPOS at the forefront of the future payment infrastructure.

Tuesday, June 3, 2025 - 10:28
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/news/payments/transactility-launches-jpos-3-iso-20022-support-modernise-global-card-payments
Financial IT
Bolt and Airwallex Partner to Enhance Global Payments System for Drivers

Bolt, the global shared mobility platform, today announced a strategic partnership with leading global payments and financial platform, Airwallex, to build a new payments system for its drivers.

Tuesday, June 3, 2025 - 09:50
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Financial IT

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